Retirement
from24/7 Wall St.
2 days agoRetirees Who Are Worried About Iran May Want To Look at SPLG Right Now
Oil prices surged 48% in a month, but retirees should consider holding SPLG for stable equity exposure.
The fund has about $5.8 billion in assets under management. It has an expense ratio of 0.5%, which is slightly on the higher side when compared to the other ETFs, but it is a bargain. You only pay $50 per $10,000. The ETF picks companies that have paid consistent dividends and have high yields. This has helped IDV maintain a lofty yield of 4.71%.